July 3, 2022

Politics and Commentary News Aggregator

Holcim to Sell India Business to Adani in $10 Billion Deal

1 min read

Holcim’s sale of its Indian business, which is subject to local regulatory approvals, is expected to close in the second half of 2022, helped by the fact that Adani doesn’t have sizable overlap. The company began reviewing new asset sales over the last year after the roofing acquisitions, and concluded negotiations with a handful of potential Indian buyers in about three months, Jenisch said.

Aaron Kirchfeld
2022-05-15 12:32:45

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